New Product Development
As per newly released data by Future Market Insights (FMI), the demand in the tower crane rental market grew by year-on-year (YoY) rate of 4.8% in 2021, reaching a market valuation of US$ 6.49 Bn. Expanding at a 5.7% CAGR, sales of tower crane rentals are projected to top 54,685 units over the forecast period, …
Continue reading “World Tower Crane Rental Market Size by 2031: Global Demand and Regional Analysis”
As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI) the global plastic corrugated sheets market is projected to total US$ 1.3 Bn in 2021, growing at a 6.4% CAGR through 2031. Despite stagnant sales amid COVID-19, global consumption of plastic corrugated sheets is expected to reach 852.3 ‘000 Tones, by the end of 2021. The market has …
Continue reading “Plastic Corrugated Sheets Market growing at a 6.4% CAGR through 2031”
The exponential growth of the food industry has led to an increasing demand for packaging types that helps in maintaining the shelf life of the product. Lids have been in existence since long to prevent the food product from getting contaminated from any external sources. The demand for packaged food has risen substantially in the …
Continue reading “Thermoformed Lids Market: Notable Developments & Geographical Outlook”
The global logistics sector continues to develop at an impressive rate. As a result, the packaging industry is undergoing enormous changes with specified focus on posing innovative packaging tools/products to various industry verticals. Logistics packaging is primarily done to enhance product safety, maintain product quality, extended product storage, and cater to other aspects involved in …
Future Market Insights (FMI) delivers vital insights on the pre-made pouch packaging market, in its published report titled, ‘Pre-made Pouch Packaging Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029’. In terms of revenue, the global pre-made pouch packaging market is projected to expand at a CAGR of over 4% during the forecast period, owing to numerous factors, regarding which, FMI …
The global sales of nutmeg oil are expected to witness progressive growth over the forecast period. There is persistent rising demand for nutmeg oil in cosmetics and pharmaceuticals industry globally which is likely to boost the nutmeg oil market in the assessment period. Demand for Nutmeg Oils Nutmeg oil is widely used in aromatherapy, traditional medicine, and the perfume …
Continue reading “Nutmeg Oil Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2031”
Global injectable benzodiazepine sales are set to reach USD 260 million in 2020, as covid-19 panic and uncertainty has set in, even among population with no previous history of mental illnesses, according to a new study by Future Market Insights (FMI). The market research firm estimates the market to grow at 2.7% CAGR through 2030. Although covid-19 …
The food industry is the largest end user segment of the packaging industry driving the growth of the industry enormously. Portion bags are the newest innovation in the food industry whereby the over portioning of food is significantly reduced leading to minimized food wastage. Portion bags are a cost effective solution and also help in …
The global tip location devices market is likely to surpass USD 35 million in revenues by 2020-end, according to a latest report by Future Market Insights (FMI). The ESOMAR-certified firm has an optimistic outlook on the long-term prospects of tip location devices market, with its latest report forecasting a 6.4% CAGR through 2030. Tip location devices are …
The returnable transport packaging market revenue totaled US$ 24 billion in 2020, according to FMI. The overall global market is expected to register a CAGR of 4.8% between 2021 and 2031. The demand for returnable transport packaging will accelerate with the top 3 providers cumulatively accounting for 15-20% of the global sales of returnable transport packaging in 2021. The global returnable …